Intellectus Partners LLC boosted its holdings in Honeywell International Inc. (NYSE:HON) by 14.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,698 shares of the conglomerate’s stock after purchasing an additional 836 shares during the quarter. Intellectus Partners LLC’s holdings in Honeywell International were worth $1,185,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of HON. Investors Research Corp increased its holdings in shares of Honeywell International by 678.3% during the third quarter. Investors Research Corp now owns 179 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 156 shares in the last quarter. Transamerica Financial Advisors Inc. increased its holdings in shares of Honeywell International by 2,371.4% during the second quarter. Transamerica Financial Advisors Inc. now owns 173 shares of the conglomerate’s stock valued at $31,000 after acquiring an additional 166 shares in the last quarter. University of Texas Texas AM Investment Managment Co. bought a new stake in shares of Honeywell International during the second quarter valued at approximately $35,000. Ellevest Inc. boosted its position in shares of Honeywell International by 83.2% during the second quarter. Ellevest Inc. now owns 229 shares of the conglomerate’s stock valued at $40,000 after buying an additional 104 shares during the last quarter. Finally, Strategic Blueprint LLC purchased a new position in shares of Honeywell International during the third quarter valued at approximately $47,000. Institutional investors and hedge funds own 75.68% of the company’s stock.
HON stock traded down $2.90 during midday trading on Friday, hitting $176.68. The company’s stock had a trading volume of 81,128 shares, compared to its average volume of 1,993,571. The stock’s 50-day moving average price is $177.93 and its 200 day moving average price is $172.14. The company has a quick ratio of 1.08, a current ratio of 1.32 and a debt-to-equity ratio of 0.61. Honeywell International Inc. has a 1 year low of $138.87 and a 1 year high of $184.06. The stock has a market cap of $128.65 billion, a price-to-earnings ratio of 20.64, a PEG ratio of 2.21 and a beta of 1.09.
HON has been the topic of several analyst reports. William Blair reaffirmed a “hold” rating on shares of Honeywell International in a research report on Monday, November 25th. Deutsche Bank lifted their target price on Honeywell International from $189.00 to $199.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Bank of America lifted their target price on Honeywell International from $185.00 to $203.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Cowen set a $180.00 target price on Honeywell International and gave the company a “buy” rating in a research report on Friday, October 18th. Finally, Morgan Stanley cut their target price on Honeywell International from $190.00 to $186.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 14th. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Honeywell International currently has a consensus rating of “Buy” and a consensus target price of $191.42.
Honeywell International Company Profile
Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.
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